Company / R&D Expense
Semtech Corporation R&D Expense History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$186.4M
FY2026
5-year range
$107.4M / $196.3M
FY2022-FY2026
Trend
-5.0%
vs FY2025
Sector context
#133 of 264
Information Technology
What the data says
At $186M, Semtech Corporation's r&d expense ranks #133 of 264 in the Information Technology sector. R&D Expense has fluctuated over the past 10 years, ranging from $105M in FY2019 to $196M in FY2025.
Based on SEC 10-K filings.
$186M in FY2026 with a 5-year CAGR of +11.3%.
Improved from $171M to $186M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +16.6%
- 5-Year CAGR
- +11.3%
- 10-Year CAGR
- -
Sector benchmark
#133 of 264 in Information TechnologyTop 50% of 264This company $186.4M Sector average $924.6M
▼
-79.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.3%, indicating consistent growth.
- In FY2026, r&d expense decreased 5.0% year-over-year.
- Ranks #133 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2025.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $186.4M | -5.0% |
| FY2025 | $196.3M | +14.9% |
| FY2024 | $170.9M | +45.4% |
| FY2023 | $117.5M | +9.5% |
| FY2022 | $107.4M | -1.5% |
| FY2021 | $109.0M | -7.2% |
| FY2020 | $117.5M | +11.9% |
| FY2019 | $105.1M | -3.6% |
| FY2018 | $109.0M | +3.8% |
| FY2017 | $105.1M | +2.5% |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026